What is NOT considered a component of real property?

Navigable waters are not considered a component of real property because they are classified as public resources, often owned or regulated by governmental agencies. In contrast, improvements, fixtures, and land all contribute directly to real property ownership.

Improvements refer to enhancements made to the land, such as buildings or other structures that add value. Fixtures are items that were once personal property but have been affixed to the land or a building in such a way that they are considered part of the property. Land is the foundational element of real estate itself; it encompasses the physical land and any permanent structures on it. Therefore, navigable waters typically do not belong to an individual property owner in the same way that the other components do, making them distinct in the context of real property.